REL forms leadership council to tap skills

TNNDec 7, 2004, 12.48am IST

MUMBAI: The board of Reliance Energy (REL) has constituted an executive leadership council (ELC) consisting of directors and senior management. Anil Ambani, chairman & MD of REL will chair the council, stated a company release.

The idea behind the council is to harness the diverse skills and capabilities available across different functions in the organisation.

The council will work as an open, evolving forum, which will provide continuity of leadership and strengthen organisation learning, the release stated. The establishment of the council will bring the company in line with the best international corporate practices, it added.

The ELC includes the four directors who, along with two other board members, had earlier resigned from the board, but have continued in their positions, after the REL board requested them to reconsider their resignations.

The company release stated that the REL board had met last week and reposed full trust and confidence in the existing management of the company.

The board has decided that the six directors will continue to function normally, as before.